Russian steel company Severstal has acquired three assets of the Ventall group of companies, with which it expects to increase its production of metal structures. This is being discussed Web site Severstal.
According to the press service, the company acquired the enterprise Ventall Steel Solutions, which owns production facilities in the Tula and Kaluga regions, as well as a complex in Cherepovets. The capacity of these three assets is expected to enable Severstal to reach an annual metal structure production volume of 126 thousand tons.
48 thousand tons of these will be produced by Severstal Steel Solutions by 2025, 48 thousand tons by Ventall Steel Solutions and 30 thousand tons by the complex in Cherepovets. It was announced that such indicators can be achieved through the implementation of investment measures.
Analysts before this It has been recommended In 2024, investors will have securities of major issuers from the ferrous metallurgy sector, such as Severstal, in their portfolios.
Previously major shareholder of Severstal commented export taxes.